Post
Topic
Board Economics
Re: Bitcoin prices will continue to fall
by
jambul_kribo
on 18/02/2019, 02:56:42 UTC
Over the past few months, Bitcoin prices have continued to decline, resulting in altcoin prices also following the trend of organizers. You can see this in some digital currency trading exchanges, and this will continue as some crypto analysts say.

ADVFN opinion, which proves that BTC can fall to the level of $ 2,500. And an analyst recently said that BTC could fall to the level of $ 1,100 if the predictions go well. Source: https://ethereumworldnews.com/crypto-prediction-bitcoin-fall-1100-litecoin-6/


Well, if the predictions serve right, then we should all be glad because, it's the right time to accumulate more bitcoin and other crypto assets. Once it hits $1,100, many will surely hasten to buy and to hoard, as almost everyone's looking forward for it to bottom out. And we all know that for something that is down, there's nowhere to go but up. So if this year will not be good for the market, it is still profitable for accumulation, accumulation of more assets and accumulation of learning. Who knows? This might be the last year that we will see the price of bitcoin that low. So we're lucky enough to experience this worst bear market, so that we can prepare for the next bull run.

With what I'm seeing in the current market both the predictions which was said to be made by  ADVFN and an analyst will definitely not serve right and I will advice you guys to improve yourself about how crypto market works becase most of the online crypto enthusiasts and analysts are making false prediction this days for their selfish reason.
analysts certainly have personal reasons why they say the price of bitcoin will fall again below $ 2500. I think they are trying to lead the opinions of the crypto traders to believe what they say. these analysts often make analysis that is profitable for themselves.